Addentax Group Eyes 12,000 BTC in $1.3B Deal

- Addentax initially planned 8,000 BTC, now targets 12,000 BTC
- Deal structured as $1.3 b term sheet for long-term holding
- Marks increasing institutional confidence in Bitcoin
Chinese textile powerhouse Addentax Group has escalated its Bitcoin ambition, signing a $1.3 billion term sheet to acquire up to 12,000 BTC , revised from the previously negotiated 8,000 BTC. This expansion highlights a growing trend of institutional players diversifying into cryptocurrency as a strategic reserve asset.
Addentax’s move reflects a broader shift among global corporations, which are increasingly allocating capital to Bitcoin. By expanding their BTC target, the Group signals deepening confidence in Bitcoin’s role as a hedge against currency devaluation and inflation.
Deal Structure and Strategic Implications
The $1.3 billion agreement under term sheet conditions likely includes phased purchases, compliance checks, and custody solutions to manage transfer and storage. Addentax’s increase in holding indicates not just speculative interest, but a long-term strategy—possibly using Bitcoin as part of their treasury or as a balance sheet diversifier.
This aligns with recent examples: companies like MicroStrategy and Tesla took leads in corporate Bitcoin adoption. Addentax now joins a growing list of corporations integrating BTC into their financial planning toolbox.
What This Means for Crypto and Textile Sectors
- Market Validation – A major industrial company committing billions to BTC boosts legitimacy and may attract similar institutional interest.
- Economic Strategy – With persistent inflation concerns and currency volatility, holding BTC can help protect corporate wealth.
- Industry Crossover – As textile firms aren’t typical crypto adopters, this signals broader sector interest beyond tech and finance.
Read Also :
- Bitcoin Price Surge on Binance Tops $110K
- Ethereum ICO Whale Moves $2.6M to Kraken Exchange
- Hamak Limited Adds Bitcoin to Treasury Reserves
- Bitcoin Long-Term Holders Hit Record 14.7M BTC
- Global First: Swiss‑Regulated Amina Bank Backs Ripple RLUSD
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Near $107K as Holder Profits Rise and Institutional ETF Inflows Suggest Market Stability

Arthur Hayes Suggests Rethinking U.S. Bonds as Bitcoin Gains Appeal Amid Stablecoin Liquidity Shifts

Trending news
MoreCrypto prices
More








